-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, VJ2+M40Gi3YOW1lAq1BN6UpCibjtumbiKHxaoxfxqv1QHspUwNHQne9NzSqc9+e7 8yxzCNKGDtzAVEKnyA0epQ== 0000276720-05-000001.txt : 20050119 0000276720-05-000001.hdr.sgml : 20050119 20050119193507 ACCESSION NUMBER: 0000276720-05-000001 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050113 FILED AS OF DATE: 20050119 DATE AS OF CHANGE: 20050119 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PURE CYCLE CORP CENTRAL INDEX KEY: 0000276720 STANDARD INDUSTRIAL CLASSIFICATION: WATER SUPPLY [4941] IRS NUMBER: 840705083 STATE OF INCORPORATION: DE FISCAL YEAR END: 0831 BUSINESS ADDRESS: STREET 1: 8451 DELAWARE STREET CITY: THORNTON STATE: CO ZIP: 80260 BUSINESS PHONE: 3032923456 MAIL ADDRESS: STREET 1: 8451 DELAWARE STREET CITY: THORNTON STATE: CO ZIP: 80260 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CLARK THOMAS P CENTRAL INDEX KEY: 0001019073 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-08814 FILM NUMBER: 05537417 BUSINESS ADDRESS: STREET 1: C/O PURE CYCLE CORP STREET 2: 5650 YORK STREET CITY: COMMERCE CITY STATE: CO ZIP: 80022 BUSINESS PHONE: 3032923456 MAIL ADDRESS: STREET 1: C/O PURE CYCLE CORP STREET 2: 8451 DELAWARE STREET CITY: THORNTON STATE: CO ZIP: 80260 4 1 primary_doc.xml PRIMARY DOCUMENT X0202 4 2005-01-13 0 0000276720 PURE CYCLE CORP PCYO 0001019073 CLARK THOMAS P C/O PURE CYCLE CORP 8451 DELAWARE STREET THORNTON CO 80260 1 0 1 0 Common stock 2005-01-13 4 J 0 300000 8.05 A 2440216 D Effective August 31, 2004 the Company entered into the Settlement Agreement with LCH, Inc. (a party related to Mr. Clark). Under the Settlement Agreement, LCH released the Company from its obligations under the LCH Agreement (more fully described in the Company's Annual Report on Form 10KSB for the year ended August 31, 2004) in consideration of Mr. Clark surrendering 306,279 shares of common stock (which were pledged as collateral against notes payable to LCH), and the Company repaying $950,000 of notes payable to LCH. The 306,279 shares were designated to repay $1,557,110 of accrued interest payable to LCH and to acquire $4.0 million of contingent obligations payable to LCH under the LCH Agreement. To return Mr. Clark to his original position, on January 13, 2005 the Company paid Mr. Clark $50,555 in cash and issued him 300,000 shares of restricted common stock (totaling $2,465,555, the same consideration Mr. clark surrendered to LCH). Kevin B. McNeill 2005-01-19 -----END PRIVACY-ENHANCED MESSAGE-----